Inventronics (CVE:IVX) Hits New 1-Year Low – Time to Sell?
by Danessa Lincoln · The Markets DailyInventronics Limited (CVE:IVX – Get Free Report)’s stock price hit a new 52-week low on Thursday . The company traded as low as C$0.53 and last traded at C$0.70, with a volume of 2900 shares changing hands. The stock had previously closed at C$0.70.
Inventronics Price Performance
The stock has a fifty day moving average of C$0.69 and a 200-day moving average of C$0.76. The firm has a market capitalization of C$3.41 million, a P/E ratio of 29.17 and a beta of 0.01. The company has a quick ratio of 1.06, a current ratio of 2.73 and a debt-to-equity ratio of 84.30.
Inventronics Company Profile
Inventronics Limited designs, manufactures, and sells protective enclosures and related products for the telecommunications, cable, electric transmission, oil and gas, and other industries in North America. The company offers CP Pedestal series for CATV distribution equipment; IVT BOBCAT co-locate cabinet series for broadband node locations supporting remote deployment of network electronics, including power supply, batteries, and RF components; SG pedestals for utility and communication industries; and MDU enclosure series for cable and telecom companies.